Avatar
Vlad, Bitcoin Takeover Podcast
50054d07e2cdf32b1035777bd9cf73992a4ae22f91c14a762efdaa5bf61f4755
Your Bitcoin influencer’s influencer. Now a privacy guy too! Subscribe to the Bitcoin Takeover podcast on Spotify, Apple & YouTube!

Bitcoin’s lack of privacy is not an accident & it’s not the result of negligence.

It’s a deliberate choice, as cowardly devs & sellout community members deliberately ignore a decade of research & experimentation.

This is why I’m making a magazine about privacy. To change the culture, remind readers that there’s still a chapter 10 in the Bitcoin whitepaper, and explain how we can learn from projects such as Monero, Zcash, Litecoin, Nym, Firo, Zano, and more.

I’m not doing this alone: more than a dozen of writers are joining me to explain to you why privacy is important, why you should desire it, and how you can currently use it.

I expect this magazine to get launched on time for nostr:npub1j0yy96lj8cye7wu9ycezudnng363ymtguwc0t97xvvw8xlss25jstf0hd9 next month. So stay tuned! And if you want to sponsor the project, DM me and you’ll get a full page ad.

Hope you like this front cover: it combines the origins of a popular meme with the realities of Bitcoin privacy. Pepe cheers for the pumper in chief, but surrenders his privacy and cypherpunk ethos for some NGU.

And before you jump at me and say that adding privacy to Bitcoin is premature and might lead to hidden inflation, remember that even Dandelion++ (a protocol which hides your wallet’s IP address from the rest of the network, which was built for BTC but adopted by Monero) is currently not part of the software client.

Think about it! And watch out for this magazine next month when it gets released!

Tomorrow I’ll publish S15 E57 of the Bitcoin Takeover podcast, featuring Orkun Kilic!

We talk about Citrea, ZK rollups vs sidechains, use cases for rollups, and what building a BTC economy is about.

Subscribe! 🐸

https://youtube.com/@bitcointakeover

We talked about 15 minutes longer, but the footage was cut short by my camera’s sudden shutdown 🙈

Prof. Richard Werner is the author of “Princes of the Yen” and the mainstream economist who created quantitative easing.

Today, he is a fan of Bitcoin, hates CBDCs, and supports small community banks.

Find out more from S15 E56 of the Bitcoin Takeover podcast!

https://youtube.com/live/MmKr3uyvqFg?feature=share

You won’t hear Prof. Richard Werner on any other Bitcoin podcast 🙃

https://www.youtube.com/live/EkJA067lAfA?feature=shared

Thrilled to announce that today at 9 PM CET/2 PM EST, I will publish my interview with Professor Richard Werner:

World-renown economist who predicted the credit bubbles + banking crisis of 2008, wrote the best-seller “Princes of the Yen”, and is also a big fan of Bitcoin!

Tune in to learn more about economics based on empirical data, the importance of local community banks, and what role Bitcoin can play in the grand scheme of things!

Bitcoin Takeover podcast S15 E56, let’s go! 💪🏻

Antagonizing cash is one of the biggest mistakes in promoting Bitcoin. Or potentially a psyop.

Cash is cypherpunk as fuck: private, permissionless, fungible, easily transportable, relatively easy to verify with a UV light pen.

It’s the banks + the cashless society who are the enemy. It’s the CBDCs. But not cash, the most convenient way to make local payments.

We should think of ways to turn bitcoin into cash for transactions when the internet is off, not tell people to pay with Visa to earn points.

Anything that sparks your imagination when you think about my pod 🤪

When I tell you that the Bitcoin Takeover podcast has THE SMARTEST LISTENERS in the world, I’m not kidding.

Look at this comment I just got.

READ IT!!!

You think McCormack’s listeners ever referenced Dostoyevsky in their comments? Maybe Livera’s?

LOL

To all listeners of the Bitcoin Takeover podcast: I need your help!

For 5+ years, I had to answer to the question “who are your listeners?”

I have some rough stats, but don’t know specifics.

If you see this message + listen to the show, please leave a comment.

Here’s the private Bitcoin transaction that nostr:npub1pww7030g95nv9ptfpgfu69jpfxj6pm33xxueztsupwekce45wx4sm6en60 has sent me during S15 E54 of the Bitcoin Takeover podcast.

This is what it looks like when you send directly from a CoinJoin – thus improving the sender’s privacy.

What Bitcoin needs right now in order to become fungible is confidentiality – the ability to hide amounts.

Think you can deanonymize this? Give it a try:

https://mempool.space/tx/52a1f40b1d1dae560c02f0bb65304172d936e01d67ee633c2f846c139fef8c0b?mode=details https://video.nostr.build/c2528d4dd422a8f414783a717a547cc55b1da9e16ae32d6cb8d7d8e77631f5e0.mp4

Replying to Avatar econoalchemist

If you could then you would have but you can't because you're out of your depth. None of your examples are the result of address re-use in the CoinJoin. Unlike Wasabi's systemic & symmetric address re-use vulnerabilities which both occur in the CoinJoin transaction.

To clarify further: in your first example above, the coordinator fee is provided during the tx0 transaction while the wallet is setting up for and prior to the CoinJoin transaction. Tx0 transactions have obvious on-chain fingerprints and I fail to see how identifying the address used by the coordinator to collect the fee has any bearing on the anonymity of the user.

In your second example, the re-used address was also re-used in a Wasabi CoinJoin tx so that doesn't help your case but more importantly, when it was re-used by Samourai, it was in the tx0 - not the CoinJoin transaction. Additionally, based on the comments in that thread, the wallet was imported to Samourai and admittedly wasn't fully synced.

Finally in your third example and like the others, this was not a case of address re-use in the CoinJoin transaction (unlike Wasabi) but rather limited occurrences of address re-use in post-mix spending tools like Stowaway, Stonewall, & Stonewallx2. As explained in Samourai Wallet's write up of their investigation into the reported issue: not nearly as many addresses were effected as originally claimed and for good measure Samourai Wallet introduced Strict Mode after this report to mitigate unintentional address re-use by the users when transacting with post-mix spending tools.

Despite your efforts to equate Wasabi's address re-use vulnerabilities to Samourai Wallet, you have come up short yet again.

What year is this?

My girlfriend will draw you as a Pepe.

DM me if you’re interested 🐸 nostr:note134ap0r6nausz0fznhp0ewgt9g5paa2jh4kcp2973jsvrl4263lps0phd7t

Only big brain Chads are allowed to listen to the Bitcoin Takeover podcast 🤩

I love my audience 🫡

Every Samourai wallet supporter should listen go my podcast episode with nostr:npub1pww7030g95nv9ptfpgfu69jpfxj6pm33xxueztsupwekce45wx4sm6en60

If you don't have the patience to sit through a 3-hour recording, I've added timestamps.

Just skip to 00:42:46, you will learn something new today.

Now also available on Spotify & whatever!

https://www.youtube.com/live/v952Fd1vmOs

If you haven’t already, listen to my interview with nostr:npub1pww7030g95nv9ptfpgfu69jpfxj6pm33xxueztsupwekce45wx4sm6en60

He talks about running the most successful nostr:npub167hmfzj38hkumks4wxny89797la0sf7wnwfrw4enlmcl82msp0cs78schc coordinator, why Bitcoin privacy matters & how blockchain analysis works!

https://www.youtube.com/live/v952Fd1vmOs?si=eOnBrv2TJ2ptY8mm